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Author Topic: Bitcoin or LTC ?  (Read 5888 times)
michellee
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August 06, 2019, 09:20:45 AM
 #21

By doing a short term trader, I think you will find so many potential coins on the market, and you can choose one or more coins to trade. It doesn't stop for just btc, ltc, eth, but it's more than that, and you should search for yourself. It is hard to give a suggestion as we will see that the situation will always change and that will not base on one day only. That is why you should have skills to analyze movements from the coins so you can find the right coins to trade.

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August 06, 2019, 10:21:56 AM
 #22

Just trade the top coins. Seems "something" is just trying to suck life out of Altcoins but the top ones are not being affected that much.
You may trade litecoin too but I can guarantee you that litecoin will disappoint you many times but it usually end up rewarding  patient holders

Litecoin is a good investment but the bear market has made this coin not get the best growth during the past time. Now Litecoin is making a very good comeback in the last 2 months and the investment in this coin will certainly bring a lot of profit in the near future if the value of Bitcoin can be stable at $12,000. I have personally held many LTC the bear market and will continue to hold until the LTC reaches $200 by the end of this year.
Litecoin is a good bitcoin, I also suggest investing in this altcoin, especially if we look at the Litecoin chart, it can be seen that in the long run LTC has a strong upward trend. but for me bitcoin remains the first choice in long-term investing
I think you should be very careful with Litecoin, because many people invested on it for the halving, but now it has occurred they will sell their bags to buy btc in the perspective of its own halving (or some other so-called "promising" cryptos).

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August 06, 2019, 01:36:56 PM
 #23

Hye, please don't think it is an investment advice, but as a short term trader, I am just asking from you based on your own market research that as whenever BTC flies to moon, Altcoins dump. So based on your speculation in the current market scenario in which Altcoin we should trade ? for good profits ? LTC, BCH, BSV or whatever you think could be the best in usdt market ?

Since your title specifically asks about BTC and LTC, and you ask about short-term trading my answer as many others is to invest in BTC. If you ask why, just watch the price of LTC this year, and that recent halving (LTC) that happens one day ago had almost no effect of this coin price. So short-term investing in altcoins is no longer something you should do for quick profits.

On the other hand, Bitcoin is in recent months show price range from $3000 to $14000, and for any trader who know basic in trading this was ( and still is) easy&quick money.

I would personally avoid to invest in Bitcoin forks (BCH&BSV) because they have a rather bad reputation in the crypto community, same as people who stand behind them. If you want to hunt altcoins which can bring you the fastest and highest profits you will need to make some research - and for start visit this link : https://coinmarketcap.com/gainers-losers/

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August 06, 2019, 07:25:06 PM
 #24

Just trade the top coins. Seems "something" is just trying to suck life out of Altcoins but the top ones are not being affected that much.
You may trade litecoin too but I can guarantee you that litecoin will disappoint you many times but it usually end up rewarding  patient holders

Litecoin is a good investment but the bear market has made this coin not get the best growth during the past time. Now Litecoin is making a very good comeback in the last 2 months and the investment in this coin will certainly bring a lot of profit in the near future if the value of Bitcoin can be stable at $12,000. I have personally held many LTC the bear market and will continue to hold until the LTC reaches $200 by the end of this year.
Litecoin use to be a very good investment, but ever since they lost their value to the last bear market that all cryptocurrencies list their value to, it has been difficult for them to make a comeback like some few other coins too and I think Litecoin and some few top coins are only where they are now because of the dominance of bitcoin, I am waiting for the period where all these altcoins will make a dominance of their own without having to rely much in bitcoin for their growth of value.

That makes me think that at the moment, there is no pint wasting time trading altcoins, to me, it is still better for people to trade bitcoin because that is where all the happenings are really, the volume, trades and other things that will make one profitable in one’s trade.

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August 06, 2019, 10:22:45 PM
 #25

LTC has got a great chance of getting  pumped at least 2 times even when BTC is rising because LTC has its halving in place on the table. Other than that, I'm not comfortable in investing into other alts because chances of fiery drops are there in each and I don't see it being smart in taking risks in current crypto environment.
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August 07, 2019, 09:21:06 AM
 #26

LTC has got a great chance of getting  pumped at least 2 times even when BTC is rising because LTC has its halving in place on the table.

On what halving you think? LTC halving was few days ago and there is no change in price up or down. Altcoins are bad choice one way or another, they almost have no purpose except pump&dump which is mainly filling their owners' pockets.

Try to read previous posts sometimes, otherwise you can give completely wrong advice to others <<LTC Halving - 0 Effect on price>>

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August 07, 2019, 11:48:56 AM
 #27

I still believe Bitcoin is a great choice. Although its price is always adjusted and makes a lot of people buy at high prices, if you hold for a long time, it will definitely bring high profit.
Alts are not noticed at the present time, hold it is one of the bad ideas.

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August 07, 2019, 03:25:21 PM
 #28

both of them are good coins in my opinion but if you want to invest in the long term you can better choose bitcoin because the results have also proven promising, but if you want to trade in the long and short term litecoin that's the solution because these coins are very easy to increase good price
I don't think this is right. Bitcoin is very good for short-term investment (trading) while Litecoin is very good for long-term investment, very profitable if we are able to take advantage of changes in the price of Bitcoin every day with daily trading  Grin
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August 07, 2019, 04:11:22 PM
 #29

I still believe Bitcoin is a great choice. Although its price is always adjusted and makes a lot of people buy at high prices, if you hold for a long time, it will definitely bring high profit.
Alts are not noticed at the present time, hold it is one of the bad ideas.
If in my opinion holding altcoin for now is not a bad idea because now altcoin prices are still said to be low prices so there is still a chance if altcoin makes a big pump to follow bitcoin above

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August 07, 2019, 04:43:11 PM
 #30

I think litecoin is not something you replace bitcoin with, it is something you supplement bitcoin with.

Litecoin is literally the lite version of bitcoin hence the name, we are using litecoin to test the superior formats like segwit for example, we used it on litecoin first and it worked so we moved it to bitcoin as well, same with everything we want to improve on bitcoin. That is why there is no bitcoin OR litecoin in any scenario, it makes no sense, it is always bitcoin AND litecoin, they can work hand in hand, if you want to "trade" any of them just do it in moderate for litecoin and more for bitcoin but try to have both on your portfolio because litecoin is always an earner as well, it may lost it is spot a few times but it will never be a useless coin for sure.
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August 08, 2019, 12:04:27 AM
 #31

I think litecoin is not something you replace bitcoin with, it is something you supplement bitcoin with.

Litecoin is literally the lite version of bitcoin hence the name, we are using litecoin to test the superior formats like segwit for example, we used it on litecoin first and it worked so we moved it to bitcoin as well, same with everything we want to improve on bitcoin. That is why there is no bitcoin OR litecoin in any scenario, it makes no sense, it is always bitcoin AND litecoin, they can work hand in hand, if you want to "trade" any of them just do it in moderate for litecoin and more for bitcoin but try to have both on your portfolio because litecoin is always an earner as well, it may lost it is spot a few times but it will never be a useless coin for sure.
I'm not very active following the development of the bitcoin system, and after reading your opinion, I think the LTC and BTC questions so far only show that the person doesn't understand the bitcoin and ltc systems running,
but if I may ask, will every bitcoin development be trialled in Litecoin first?

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August 08, 2019, 03:31:28 AM
 #32

Hye, please don't think it is an investment advice, but as a short term trader, I am just asking from you based on your own market research that as whenever BTC flies to moon, Altcoins dump. So based on your speculation in the current market scenario in which Altcoin we should trade ? for good profits ? LTC, BCH, BSV or whatever you think could be the best in usdt market ?
For short term trading? I think all of them are good to invest since the volume of these coins in the exchanges are high therefore, the price of them are moving all the time. It is only a matter of when do you invest into these coins. For the long term, I think Bitcoin is better and LTC has focused on marketing and not on the development side anymore.

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August 08, 2019, 04:34:09 AM
 #33

Hye, please don't think it is an investment advice, but as a short term trader, I am just asking from you based on your own market research that as whenever BTC flies to moon, Altcoins dump. So based on your speculation in the current market scenario in which Altcoin we should trade ? for good profits ? LTC, BCH, BSV or whatever you think could be the best in usdt market ?
For short term trading? I think all of them are good to invest since the volume of these coins in the exchanges are high therefore, the price of them are moving all the time. It is only a matter of when do you invest into these coins. For the long term, I think Bitcoin is better and LTC has focused on marketing and not on the development side anymore.
Timing needs to be done correctly, bitcoin have a higher community supports where you can both do short and long term trades, you need to focus with every situations that can affects the movement of bitcoin, fuds and fomos being part of the cycle learning how to use both of this situation will give you a  good edge to earned from your invested money, while inside the alts community where most of them are trying to duplicate what btc already achieved they are more on marketing and trying to have a good attractions from investors views.

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August 08, 2019, 07:12:04 AM
 #34

Hye, please don't think it is an investment advice, but as a short term trader, I am just asking from you based on your own market research that as whenever BTC flies to moon, Altcoins dump. So based on your speculation in the current market scenario in which Altcoin we should trade ? for good profits ? LTC, BCH, BSV or whatever you think could be the best in usdt market ?
I will not advise you to flip bitcoin to any coins now because it is few of them that can give you return than bitcoin in the short term. Before when bitcoin is pumping we do see other coins pumping too and vice-versa but now things have changed and we are having almost 90% of the funds that come outside cryptocurrency into Bitcoin. Bitcoin dominant against other coins has also increased and it is very clear that this dominant is going to last very long. If I will buy any coin now I will only buy mb8.
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August 08, 2019, 08:11:23 AM
 #35

I still believe Bitcoin is a great choice. Although its price is always adjusted and makes a lot of people buy at high prices, if you hold for a long time, it will definitely bring high profit.
Alts are not noticed at the present time, hold it is one of the bad ideas.
If in my opinion holding altcoin for now is not a bad idea because now altcoin prices are still said to be low prices so there is still a chance if altcoin makes a big pump to follow bitcoin above
That is totally right, we need to also make altcoins investment, but we have to make our portfolio ore of bitcoin because if every other coin fails us, it is only bitcoin that will be there for us come rain come sun shine. We have a lot of altcoins in the market that are only good to be held for short term purpose, so when making investment in altcoins, you have to first decide if you are in the investment for a short term trade or for long term trade.

Sure, some altcoins will pump in the next bull run for altcoins after bitcoin has finished dominating the market and consolidating, but the altcoins that will rise would be alts within the top 50 in the coinmarketcap, so out investment should be on top 50 coins.
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August 08, 2019, 04:13:42 PM
 #36

I still believe Bitcoin is a great choice. Although its price is always adjusted and makes a lot of people buy at high prices, if you hold for a long time, it will definitely bring high profit.
Alts are not noticed at the present time, hold it is one of the bad ideas.
If in my opinion holding altcoin for now is not a bad idea because now altcoin prices are still said to be low prices so there is still a chance if altcoin makes a big pump to follow bitcoin above
That is totally right, we need to also make altcoins investment, but we have to make our portfolio ore of bitcoin because if every other coin fails us, it is only bitcoin that will be there for us come rain come sun shine. We have a lot of altcoins in the market that are only good to be held for short term purpose, so when making investment in altcoins, you have to first decide if you are in the investment for a short term trade or for long term trade.

Sure, some altcoins will pump in the next bull run for altcoins after bitcoin has finished dominating the market and consolidating, but the altcoins that will rise would be alts within the top 50 in the coinmarketcap, so out investment should be on top 50 coins.
Agree with his opinion but I prefer the famous Atlcoin listed on coinmarketcap from the order of fifteen to number two because it looks very active if you see the top fifty atlcoin is too much to choose so it requires selection in advance for eligibility

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August 08, 2019, 05:41:36 PM
 #37

I prefer bitcoin for the short term but litecoin is also not a bad choice,and I believe buying ltc for now is also a good choice but not for the short term but for the next few months maybe it will provide enough profit.

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August 08, 2019, 06:20:23 PM
 #38

So based on your speculation in the current market scenario in which Altcoin we should trade ? for good profits ? LTC, BCH, BSV or whatever you think could be the best in usdt market ?

Making short term and even long term trade with altcoins is a dangerous thing, I would recommend that you make short term trade with BTC-USDT. You will have higher profits by trading BTC-USDT and you will have less risk of losing money.

look at today for example:

The bitcoin price has reached $12000 and dropped to $11500 so people who are trading BTC-USDT are making decent profits.


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August 08, 2019, 11:54:21 PM
 #39

I prefer bitcoin for the short term but litecoin is also not a bad choice,and I believe buying ltc for now is also a good choice but not for the short term but for the next few months maybe it will provide enough profit.
For now,just focus more on bitcoin because it will give you a sure profit at the end of the day.And when you have gained profits from bitcoin,you may try investing into some good altcoins too which you think will surely grow in time.It's good to diversify your investments as long as you come up with potential coins too.

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August 09, 2019, 06:11:32 AM
 #40

Just in case buy both of them is good because it's quite potential to get short term profit from them that bitcoin and LTC are possibly increase in the next several days or if you dare take BNB too as your portfolio that last time this coin being pumped more than 10% but this is only an advice from me and it can be missed depend on market of movement

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